I have been researching the current trends in Colorado real estate and specifically in our foothill region. As inventory stays low and prices continue to rise, the question becomes: how long can we anticipate this trend to last? Certainly, that is the million-dollar question and likely requires a crystal ball to answer it completely. However, […]
Archives for 2015
Residential Property Values Experiencing Double Digit Increases
June 5, 2015 by Leave a Comment
Residential property values in Denver County have increased by nearly 30 percent in the past two years. In fact, every county experienced a double-digit increase in detached single-family residential property values over the course of roughly two years. By state law, county assessors are required to re-evaluate the value of every property in their counties every […]
Luxury Home Sales Up
May 29, 2015 by Leave a Comment
Sales of luxury homes in the Denver metro area increased by 46 percent year-over-year in February. A total of 63 luxury homes were sold in February, up from 43 homes in February 2014. Luxury home transactions were also up from January, when 49 such homes were sold. The median price of a luxury home in […]
Seven Smart Tips to Save on Utilities
May 27, 2015 by Leave a Comment
Here are seven smart tips to save on utilities: 1. Turn It Down Turning down the heat in the winter and the air conditioner in the summer is one of the fastest ways to see a significant savings on your electricity bill. For additional savings, be sure to also set the temperature lower while you […]
Need Remodeling Ideas? Come See Alaris Properties’ Concept Office
May 26, 2015 by Leave a Comment
Thank you to everyone who attended our Open House in the Genesee Town Center on Sunday, April 26, 2015. Even though it snowed heavily and the fog was very thick, we had an excellent turn out. Through all the excitement of the Open House, we promised to write an article telling everyone what we are […]
Colorado’s Unemployment Rate Remains Low
May 14, 2015 by Leave a Comment
Colorado employers added 3,700 payroll jobs in January, while the state’s unemployment rate was unchanged from December at 4.2 percent. Unemployment in the state is down 1.6 percentage points from the revised January 2014-rate of 5.8 percent. According to those revised estimates, Colorado unemployment peaked at 8.9 percent in September and October 2010. In January, […]
Capitol Hill: America’s Most Beautiful Neighborhoods
May 13, 2015 by Leave a Comment
Denver is beautiful with its conglomeration of modern and rustic architecture, tree-lined sidewalks, and vibrantly unique artwork. According to a new Thrillist ranking, it’s also home to one of the 10 most beautiful neighborhoods in America. Capitol Hill, the Denver neighborhood bounded by Colfax Avenue, Broadway, Downing and Seventh Avenue, landed the No. 10 spot […]
Is Denver Still a Good Place for Graduates?
May 10, 2015 by Leave a Comment
Every year, NerdWallet compiles a report analyzing the 100 largest cities in the United States for the best places for recent grads to find jobs. This year, college graduates who will be looking for a job after the semester is over may find Denver’s a good place to start. Denver is No. 16 among cities […]
Colorado Makes National List for Most Expensive Street
May 8, 2015 by Leave a Comment
According to a new Zillow report, streets in Cherry Hills Village, Arapahoe County, make up most of the list. Luxury homes on Cherry Hills Park Drive in the Village are the most expensive in the city, with a median home value of $9.4 million. What is the most expensive street in the state? Strawberry Park […]
Colorado: A Key Place for Renewable Energy
May 4, 2015 by Leave a Comment
NextEra Energy Resources LLC, the biggest renewable-energy power company in North America, is spending another $640 million on two massive new wind farms in eastern Colorado. That’s on top of the $2 billion the company has already invested in seven existing wind farms in Colorado that collectively generate 1,175 megawatts worth of power. The company […]